KION Group is the name of a manufacturer of materials handling equipment (fork lift trucks etc.) formerly part of Linde AG. On September 6, 2006 Linde announced a new structure following completion of the acquisition of The BOC Group, with the gas and engineering businesses of the combined entity operating as The Linde Group and the materials handling businesses (Linde Material Handling, STILL, and OM Carrelli Elevatori S.p.A.) operating as the KION Group.
KION Group was sold by Linde AG to a partnership of Kohlberg Kravis Roberts & Co. and Goldman Sachs Capital Partners for approximately EUR 4 bn.
KION Group's headquarters is in Wiesbaden, Germany.
Read more about KION Group: Brands of The KION Group
Famous quotes containing the word group:
“Instead of seeing society as a collection of clearly defined “interest groups,” society must be reconceptualized as a complex network of groups of interacting individuals whose membership and communication patterns are seldom confined to one such group alone.”
—Diana Crane (b. 1933)